Qatar: Implemented Investment Token Rules 2024
Description
Implemented Investment Token Rules 2024
On 1 September 2024, the Qatar implemented the Investment Token Rules 2024. These rules empower the Regulatory Authority to prohibit certain activities related to investment tokens within the Qatar Financial Centre (QFC) by designating excluded tokens, such as cryptocurrencies and stablecoins, which cannot be tokenized in the QFC. The rules also regulate custody services and the operation of investment token exchanges, making these activities subject to the Financial Services Regulations (FSR).
Original sourceScope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), DLT development
Implementation Level
subnational
Government Branch
executive
Government Body
other regulatory body